Rollover Roth 401k to Roth IRA before 5 yrs?

[Guest cj0nz]

I am currently enrolled in an employer sponsored Roth 401k plan. I have only been enrolled in the plan for a few months but will soon be taking a job with a new employer that does not offer any type of Roth plan. Is it possible to Rollover the Roth 401k from my old employer to a Roth IRA, even though I have not met the 5 year rule? Thanks for your help in advance.

[Tom Poje]

yes, but the '5 year clock' starts ticking again (unless you had establshed a ROTH IRA as well)

for anyone else out there reading this, this is an interesting recomendation implied by the regulations:

at the time someone starts a Roth 401(k) they should also establish a Roth IRA!!!!!!

see page 13/14 (assuming this shows the same format on your computer as mine, my print out from months ago is page 17) of the preamble to the regs

http://treasury.gov/press/releases/reports/roth402a.pdf